GuysTake_011 - Why Lightning Sucks

April 24, 2019 01:05:14
GuysTake_011 - Why Lightning Sucks
Bitcoin Audible
GuysTake_011 - Why Lightning Sucks

Apr 24 2019 | 01:05:14

/

Hosted By

Guy Swann

Show Notes

Lightning is complicated, difficult to use, sometimes doesn't work properly, requires a lot of learning and experimentation, and is still a risky place to hold Bitcoin funds.  Doesn't this make it a protocol destined to obscurity and disuse?  Doesn't it mean that better, simpler options will simply replace it, and Bitcoin is to fail from its extensive limitations?  Find out all the ways I find Lightning *doesn't* do its job well, & what I think it means for the future in today's Guy's Take episode!

Mentioned in the show:
paywall.link
pollofeed.com
schnorr signatures
previous Guy's take on the complexity of the internet

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

February 17, 2023 00:40:09
Episode Cover

Read_702 - FediPools as a Solution to Centralization Risk [Marty Bent]

"If Fedipools prove to be viable we could find ourselves in a world where bitcoin mining pool centralization risk is significantly reduced and the...

Listen

Episode

July 13, 2018 00:26:13
Episode Cover

CryptoQuikRead_111 - Genesis Files - With Bit Gold, Nick Szabo Was Inches From BTC [Aaron Van Wirdum]

The 4th in the excellent Genesis Files Series from Aaron Van Wirdum (@AaronvanW) and Bitcoin Magazine (@BitcoinMagazine). Today we read about BitGold and How...

Listen

Episode

May 04, 2020 01:06:56
Episode Cover

Read_390 - Bitcoin is Common Sense [Parker Lewis]

"It is axiomatic that printing money (or creating digital dollars) does nothing to generate economic activity; it only shifts the balance of powers as...

Listen